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DOE has issued a Request for Proposal for an additional emergency exchange of up to 30 million barrels of sweet crude oil from the Strategic Petroleum Reserve.

The U.S. Department of Energy issued a Request for Proposal (RFP) for an additional emergency exchange of up to 10 million barrels of crude oil from the Strategic Petroleum Reserve.

The U.S. Department of Energy announced that contracts have been awarded for the first 45 million barrels of crude oil from the Strategic Petroleum Reserve’s exchange. Oil deliveries commenced today.

DOE issued a Request for Proposal for an exchange of up to 86 million barrels of crude oil from the Strategic Petroleum Reserve, the first tranche of the 172-million-barrel exchange announced as part of the International Energy Agency’s collective release of 400 million barrels of oil.

U.S. Secretary of Energy Chris Wright released the following statement regarding the International Energy Agency (IEA) and the U.S. Strategic Petroleum Reserve (SPR)

Releases Are Part of President Biden’s Continued Action to Protect American Consumers, Address the Global Supply Disruption Caused by Putin’s Energy Price Hike, and Enhance Energy Security

The U.S. Department of Energy (DOE) today announced that contracts have been awarded for the purchase of crude oil from the Strategic Petroleum Reserve (SPR) following a Notice of Sale announced on September 19, 2022.

Notice is Part of Biden-Harris Administration’s Continued Action to Protect American Consumers and Address the Global Supply Disruption Caused by Putin’s Energy Price Hike

The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced an additional Notice of Sale of up to 20 million additional barrels of crude oil from the Strategic Petroleum Reserve (SPR).

The U.S. Department of Energy (DOE) today announced that contracts have been awarded for the purchase of crude oil from the Strategic Petroleum Reserve (SPR) following a Notice of Sale announced on June 14, 2022.